HAR: Spring housing market shows new energy in greater Houston

Houston's housing market saw a 4.4% increase in single-family home sales and a 9.4% rise in pending sales year over year in April. Average home prices fell 1.4% to $428,709, and median prices dropped 1.6% to $332,000. Inventory grew 6.5%, with homes spending about 60 days on the market. Mortgage payments decreased by $100 monthly, improving affordability. Townhome and condo sales remained flat, with median prices up 7%.